Analyst Dark Defender has outlined critical technical milestones for XRP’s next move, spotlighting a potential breakout if the cryptocurrency secures a weekly close above $1.56. This assessment, shared with followers in a recent post, updates his previous outlook that anticipated a major price wave near $1. His roadmap for XRP now centers on surpassing $1.56 to confirm that the current corrective pattern has ended and higher targets may come into play.
Key resistance and support levels defined
Dark Defender, a widely followed crypto analyst, identified $1.56 as a pivotal level for XRP on the weekly chart, suggesting this price must be held on a weekly closing basis to mark the end of the current corrective Wave 2. XRP recently traded around $1.40, with Fibonacci retracement and extension levels mapped between current prices and future targets.
According to Dark Defender’s technical chart, $1.37 and $1.29 remain significant support points within the present price structure. Only a weekly close above $1.56, he asserted, would complete Wave 2 and indicate a transition into a new upward trajectory, rather than merely facing another resistance zone.
Dark Defender outlined, “Weekly Wave 2 is complete when XRP closes above $1.56. Sub-wave 3 targets are $1.88, $4.10, and $7.07, while support rests at $1.37 and $1.29.”
| Level | Fibonacci Ratio | Status |
|---|---|---|
| $1.37 | Key support | Sub-Wave 2 support |
| $1.56 | N/A | Critical resistance for Wave 2 completion |
| $1.88 | 161.8% | Sub-Wave 3 first target |
| $4.10 | 261.8% | Sub-Wave 3 second target |
| $7.07 | 361.8% | Sub-Wave 3 extended target |
Sub-wave 3 targets set at $1.88, $4.10, and $7.07
The analyst’s technical roadmap projects that, if the $1.56 weekly close is achieved, XRP could begin advancing toward the next Fibonacci-based targets. The levels specified include $1.88, situated near the 161.8% Fibonacci extension, followed by $4.10 at the 261.8% extension and $7.07 aligned with the 361.8% mark.
Although the chart extends to a $10.11 target—corresponding to the 427.2% Fibonacci extension—Dark Defender’s current written analysis highlights $1.88, $4.10, and $7.07 as the focus for the coming wave, provided XRP confirms a close above $1.56.
Mini dictionary: Fibonacci extension, a technical analysis tool used to predict potential support, resistance, and target price levels by applying Fibonacci ratios to previous price movements.
Market participants emphasize confirmation and entry zones
Some traders commenting on the analysis emphasized the importance of confirmation over wave labeling. One participant, posting as Siwers | LHT, highlighted the $1.56 weekly close as “the actual trigger” for any substantial upward targets, noting that both $1.88 and $4.10 remain unattainable until this confirmation occurs.
This perspective aligns with Dark Defender’s technical mapping, as $1.37 and $1.29 are identified as the decisive support zones that must hold before any attempt to break through $1.56. Another user, CalistaThrive, suggested the current price zone is attractive for potential buyers, though personal entry decisions depend on individual strategy and tolerance.
Market watchers have underscored that confirmation at the $1.56 level is crucial, while keeping support at $1.37 intact remains equally significant for any bullish outlook.
XRP is the native digital asset of the XRP Ledger, a decentralized blockchain designed primarily for efficient cross-border payments and remittances. The asset plays a key role in international transactions between financial institutions.
